Unit-2 Human Resource Management
Unit-2 Human Resource Management
Com (SEP)
1. Workforce Planning: The process begins with understanding the organisation’s current
and future talent needs. Workforce planning involves analysing the workforce’s
composition, identifying skill gaps and forecasting future requirements bases on
business objectives and market trends.
2. Talent Acquisition: This stage involves attracting and recruiting the right talent. It
includes crafting job descriptions, sourcing candidates through various channels,
conducting interviews and selecting individuals whose skills and values align with the
organisation’s needs. Building a strong employer brand is crucial to attracting top talent.
3. Onboarding: Once candidates are hired, a structured onboarding process ensures they
are integrated smoothly into the organisation. This includes introducing them to
company culture, setting clear expectations and providing the necessary tools and
training to perform effectively. A strong onboarding process enhances employee
retention and engagement.
4. Performance Management: Performance management focuses on monitoring and
evaluating employee performance to ensure alignment with organisational goals. It
includes feedback and conducting periodic performance reviews. Effective performance
management helps identify areas for improvement and recognize high performers.
5. Learning and Development: Developing employee’s skills is a core component of
Talent Management. Organisations provide training programs, workshops and
mentorship opportunities to enhance technical, leadership and interpersonal skills.
Continuous learning fosters employee growth and prepares them for future challenges.
6. Career Development and Succession Planning: Employees seek career growth and
organisations must support their aspirations. This stage involves creating personalized
development plans and identifying high-potential employees for leadership roles.
Succession planning ensure continuity and minimizes disruptions during leadership
transitions.
7. Employee Engagement and Retention: Employee engagement strategies focus on
creating a positive work environment, fostering open communication and recognizing
contributions. Retention efforts include offering competitive benefits, promoting work-
life balance and ensuring job satisfaction.
8. Exit Management: When employees leave the organisation, exit management ensures
a smooth transition. Conducting exit interviews provides insights into areas for
improvement and maintaining relationships with former employees helps build a strong
alumni network.
Talent Acquisition: Talent Acquisition is a strategic process focused on identifying, attracting
and recruiting top talent to meet an organisation’s current and future workforce needs.
The process involves creating employer branding, sourcing candidates, utilizing data-
driven hiring strategies and ensuring cultural fit. Talent acquisition also encompasses market
research, workforce planning and leveraging technology to streamline hiring.
Need of Talent Acquisition
8. Apply the Findings: The final step involves using the job analysis data to achieve its
intended purpose. The findings may be used for recruitment, designing training
programs, performance evaluations or restructuring organisational roles.
Techniques of Job Analysis
Job analysis mainly and essentially a data collection process. The information can be
obtained in one of the following ways:
1. Questionnaire: In this method a detailed questionnaire is prepared by the job analysis
and distributed among the workers. The workers answer the questions to the best of their
knowledge and belief.
This technique is time consuming and generally does not yield satisfactory results
because many employees do not complete the questionnaire or furnish incorrect
information. This method is suitable only to technical jobs.
2. Observation Method: The most practical and reliable technique of getting information
regarding job is through personal observation of the work performed, couple with
discussion with supervisor of job. The analyst may ask questions from the workers on
job. The complete and useful information can be gathered by the use of this technique.
3. Interview: Job analyst uses interview as a prime method of data collection. He contacts
the workers and supervisor concerned and asks questions regarding the various jobs
performed by them for collecting the information.
4. Records: Personnel department maintains the record of the facts regarding job and the
job holders. The analyst collects the information from the record maintained by the
personnel department. Certain information such as supervisor worker relationship, tools
and accessories used and work conditions are not made available from records and
hence complete information about work and worker cannot be obtained by this
technique.
5. Critical Incidents: In this method, job holders are asked to describe incidents
concerning the job on the basis of their past experience. The incidents so collected are
analysed and classified according to the job areas they describe. A fairly clear picture of
actual job requirements can be obtained by distinguishing between effective and
ineffective behaviour of workers on the job. However, this method is time consuming.
6. Job Performance: In this method, the job analyst actually performs the job under study
to obtain a fist hand experience of the actual tastes, physical and social demands and the
environment of the job. This method can be used only for jobs where skill requirements
are low and can therefore, be learnt quickly and easily.
Job Description Vs Job Specification
Job Description: Job description is a formal document that outlines the key responsibilities,
duties, qualifications and expectations for a specific role within an organisation. It typically
includes details such as job title, department, reporting relationships, essential functions,
required skills, qualifications and any specific working conditions.
A well written job description is crucial for aligning individual roles with organisational
goals.
Characteristics of Job Description / Contents of Job Description
1. Job Title: A clear and accurate job title helps to avoid confusion and attracts the right
candidates. It indicates the position’s role within the accountant and provides
understanding of the level and scope of responsibilities.
2. Job Purpose: The job purpose section explains the overall objective of the job. It
describes why the position exists and how it contributes to the organisation’s goals.
3. Duties and Responsibilities: It describes the key responsibilities of a job. This section
outlines the primary duties and tasks that the employee is expected to perform.
4. Job Location: Job location should also be given in the description of the job. Job
location means the place where the job is to be performed i.e., in which department.
5. Required Qualifications: The qualifications section specifies the educational
background, certifications or training necessary for the job.
6. Required Skills and Competencies: The skills and competencies section lists the
essential abilities needed to perform the job successfully. These may include both
technical skills (e.g., proficiency in specific software) and soft skills (e.g.,
communication or problem-solving abilities).
7. Reporting Relationships: This section defines the hierarchy and structure of the
organisation related to the role. It specifies tow home the employee reports (e.g., a
manager or department head) and in some cases, who reports to them.
8. Working Conditions: This section details the physical and environmental conditions
in which the job will be performed. It includes information on work hours, travel
requirements, work environment (e.g., offline, remote or factory setting) and any other
relevant conditions that may affect the job.
9. Compensation and Benefits: This section outlines the salary range, bonuses and
benefits associated with the position.
10.Machines, Tools and Materials: The machines, tools, equipment and material required
in the performance of each job should also be included in the job description.
Job Specification: Job specification is a detailed description of the qualifications, skills,
experience and other attributes required to perform a specific job effectively. It outlines the
necessary education, technical skills, physical abilities, experience and personal characteristics
such as communication skills, problem-solving abilities and leadership qualities.
Characteristics / Contents of Job Specification
1. Educational Qualifications: This section outlines the minimum level of education,
such as high school, diploma, bachelor’s degree or higher, engineering, finance etc.
2. Professional Experience: This section details the type and amount of experience
needed for the position. It specifies whether prior experience in a similar role, industry
or function is necessary.
3. Skills and Abilities: A job specification lists the skills and abilities required to perform
the job efficiently. This can include both hard skills (e.g., computer proficiency,
technical knowledge) and soft skills (e.g., communication, leadership, problem-
solving).
4. Physical and Mental Requirements: This section identifies any physical demands
such as the ability to lift heavy objects, stand for extended periods, or perform repetitive
tasks. It may also mention cognitive abilities like problem-solving, attention to detail or
concentration required for the role.
5. Personal Traits and Characteristics: This section outlines the personal qualities that
would help the employee succeed in the job. This includes attributes like teamwork,
adaptability, reliability and a positive attitude.
6. Knowledge Requirements: This section specifies any subject-specific knowledge
necessary to carry out the job effectively. This could include technical knowledge or
expertise in particular areas (e.g., marketing, finance or healthcare).
7. Work Conditions and Environment: This part addresses the setting in which the
employee will work. It includes the nature of the work environment (e.g., office, remote,
factory), any exposures to hazardous materials, noise levels or specific shifts or hours
(e.g., night shifts or weekends).
8. Certification and Licenses: Certain jobs require specific certifications or licenses to
ensure compliance with industry regulations or professional standards. For example,
jobs in healthcare, law or education often require specific certifications, while roles in
technical fields may require specialised training or licenses.
Key Differences between Job Description and Job Specification
Sl No. Basis of Comparison Job Description Job Specification
1 Definition Job duties and Required Qualifications
responsibilities
2 Purpose Outlines job role Defines candidate
requirements
3 Focus Job responsibilities Candidate qualifications
4 Content Job duties, tasks, Skills, qualifications, traits
scope
5 Audience Employees, managers Job applicants, HR
6 Length Usually longer Typically shorter
7 Scope Broad (Job-related Specific (candidate
tasks) requirements)
8 Details Job title, duties and Education, experience, skills
conditions
9 Nature Descriptive Prescriptive
align with the company’s values and long-term goals. This leads to higher job
satisfaction, improved employee engagement and ultimately, lower turnover.
6. Ensuring Legal Compliance: Recruitment and selection processes help ensure that
organisations adhere to labour laws and equal employment opportunity regulations. By
conducting non-discriminatory hiring practices, employers can avoid legal issues
related to hiring practices.
7. Cost Efficiency: An efficient recruitment and selection process helps organisations save
time and money. Hiring the right candidates from the start reduces the costs of training,
onboarding and the likelihood of needing to rehire the same role due to poor fit.
8. Building a Diverse Workforce: One of the key roles of recruitment and selection is to
ensure that the organisation has a diverse workforce. Through targeted recruitment
strategies, organisations can attract candidates from various backgrounds, genders and
cultures, fostering inclusivity.
Recruitment Policy: Recruitment Policy is a framework or guideline development by an
organisation to ensure consistency, fairness and transparency in the recruitment and selection
process. It establishes the principles, procedures and criteria that guide the hiring decisions to
attract, identify and retain the most suitable candidates for available job positions.
An effective recruitment policy ensures that the organisation hires employees who are
qualified, competent and fit the company culture.
Importance of Recruitment Policy
1. Ensures Consistency: A recruitment policy helps in maintaining consistency
throughout the recruitment process. It provides clear steps and guidelines that HR teams
and hiring manager can follow, making the process standardized across all departments
and roles within the organisation.
2. Attracts the Right Talent: The policy should outline the types of qualifications, skills,
and experience required for various positions, which in turn assists HR teams in
targeting the right talent.
3. Enhances Legal Compliance: Recruitment policies are essential to ensure that the
organisation complies with labour laws and anti-discrimination regulations. These
policies prevent discriminatory practices by emphasizing qual opportunity for all
candidates regardless of their race, gender, disability or other protected characteristics.
4. Improves Employer Brand: A clear and transparent recruitment policy boosts the
organisation’s reputation in the job market. By adhering to a structured recruitment
process, the company can strengthen its employer brand, making it a desirable
workplace for top talent.
5. Streamlines the Hiring Process: A recruitment policy outlines the steps, from job
posting to final selection, creating a systematic and efficient hiring process. It ensures
that every step is tracked and monitored for effectiveness.
Components of Recruitment Policy
1. Objective of Recruitment: The policy should clearly state the purpose of recruitment
withing the organisation. This could include meeting staffing requirements, filling
vacancies, addressing skill gaps or building a diverse and high-performing workforce.
2. Recruitment Sources: The policy should outline where and how candidates will be
sourced. This could include internal promotions, employee referrals, external job
boards, recruitment agencies, career fairs, social media and other methods.
3. Job Advertising: The policy must establish the procedure for job advertisements. It
should define whether positions will be posted internally first or externally and specify
the type of language, format and information to be included in job ads.
4. Selection Criteria: Selection criteria should be clearly defined in the recruitment
policy. This includes minimum qualifications, experience, technical skills, soft skills
and any specific certifications or licenses required for the role.
5. Equal Opportunity and Non-Discrimination: The policy should emphasize equal
employment opportunities and a commitment to non-discriminatory practices in
recruitment. This includes adhering to principles of diversity, equity and inclusion (DEI)
to ensure that all candidates are evaluated based on merit, not bias.
6. Selection Process: The recruitment policy should detail the steps involved in the
selection process, such as resume screening, initial interviews, assessment tests,
background checks and reference verification. It should also outline the roles and
responsibilities of the interview panel or hiring managers and clarify how decisions will
be made.
7. Internal Vs External Hiring: The policy should define when internal recruitment
(promotions, transfers) should be prioritized over external recruitment. It may include
provisions for offering development opportunities to existing employees before seeking
external candidates, encouraging career growth and retention.
8. Hiring Approval Process: A recruitment policy typically includes guidelines for
obtaining necessary approvals before proceeding with the recruitment process. This
ensures that positions are authorized by the relevant department heads.
9. Timelines for Recruitment: The policy should establish timeframes for each stage of
the recruitment process, such as how long the job will be advertised, the duration of the
interview process and when a final decision will be made. Setting clear timelines
prevents unnecessary delays in filling crucial positions.
10. Onboarding and Induction: Once a candidate is selected, the policy should outline
the process for onboarding and induction. This includes introducing the new employee
to the company’s culture, values and policies and ensuring they are well-prepared for
their new role.
Steps Involved in Recruitment Process as per the Recruitment Policy
1. Job Analysis: This step in the recruitment process is job analysis to determine the
requirements and duties of the role.
2. Job Description and Specification: Create a detailed job description outlining roles,
responsibilities, qualifications and competencies needed for the job.
3. Sourcing Candidates: Use a variety of methods to source candidates, ensuring a broad
pool of applicants.
4. Screening Applications: Review resumes and applications to shortlist candidates based
on qualifications, experience and skills.
5. Interviews and Assessments: Conduct interviews, skills assessments or tests to
evaluate candidate’s competencies.
6. Selection and Offer: Select the most suitable candidate and extend an offer, including
salary and benefits details.
7. Onboarding: Provide a structured induction and onboarding process to integrate the
new hire into the organisation.
External and Internal Sources of Recruiting
The sources of recruitment can be categorized into Internal Sources (from within the
organisation) and External Sources (from outside the organisation).
Internal Sources of Recruitment: Internal sources refer to filling job vacancies with current
employees or individuals already working within the organisation. The following methods are
commonly used for internal recruitment.
• Promotions: Employees are promoted to higher positions based on performance, skills
and experience.
• Transfers: Employees are transferred to different departments or locations.
• Employee Referrals: Existing employees refer potential candidates for available
positions.
Merits of Internal Sources
1. Cost-Effective: Internal recruitment is typically less expensive than external
recruitment. Organisations save on advertising costs, recruitment agency fees and time
spent interviewing external candidates. The cost of training and onboarding is also lower
since internal candidates are already familiar with the company’s operations, culture and
policies.
2. Faster Integration: Internal candidates, having a clear understanding of the
organisation’s goals and culture, can be integrated into new roles more quickly. This
reduces the time taken to become productive, compared to external hires who may need
additional training.
3. Employee Motivation and Retention: Offering internal candidates are already part of
the organisation, their work performance and behaviour are well-known. There is a
lower risk in hiring someone familiar, as their past performance can be evaluated and
their skills can be assessed more effectively than that an externa candidate.
2. Receiving Applications: Detailed applications are collected from the candidates which
provide the necessary information about personal and professional details of a person.
3. Scrutiny of Applications: As the limit of the period within which the company is
supposed to receive applications ends, the applications are sorted out. Incomplete
applications and un-matching job specifications are rejected.
4. Written Tests: This test is conducted for understanding the technical knowledge,
attitude and interest of the candidates. This process is useful when the number of
applicants is large.
5. Psychological Tests: These tests are conducted individually and they help for finding
out the individual quality and skill of a person.
6. Personal Interview: Candidates proving themselves successful through tests are
interviewed personally. The interviewers may be individual or a panel. It generally
officers from the top management.
7. Reference Check: Generally, at least two references are checked for by the company
from the candidate. Reference check is a type of crosscheck for the information provided
by the candidate through their application form and during the interviews.
8. Medical Examination: Physical strength and fitness of a candidate is must before they
take up the job. In-spite of good performance in tests and interviews, candidates can be
rejected on the basis of their ill health.
9. Final Selection: At this step, the candidate is given the appointment letter to join the
organisation on a particular date. The appointment letter specifies the post, title, salary
and terms of employment. Generally, initial appointment is on probation and after
specific time period it becomes permanent.
10. Placement: This is final step. A suitable job is allocated to the appointed candidate so
that they can get the whole idea about the nature of the job. They can get adjusted to the
job and perform well in future with all capabilities and strengths.
Types of Interviews
An interview is a formal conversation between two or more people, typically with one person,
the interviewer, asking questions to obtain information, assess qualifications, or evaluate the
suitability of a candidate for a job, admission, or other purposes.
Interviews are commonly used in various contexts, including employment, academic
admissions, journalism, and research, to gather insights, make informed decisions, or establish
a connection between individuals.
Types
1. Structured Interviews: A structured interview is a standardized and systematic
questioning process where each candidate is assessed using a predetermined set of
questions, allowing for fair and consistent evaluations.
2. Unstructured Interviews: An unstructured interview is an informal and open-ended
conversation between the interviewer and candidate, lacking a predetermined set of
Orientation: Orientation is the process through which new employees are introduced
to an organisation, its culture and its operations. This is the first step in helping new
hires adjust to their roles and environment. An effective orientation program is essential
for ensuring that new employees understand their responsibilities, feel welcome and are
integrated smoothly into the workplace.
Need for Orientation
1. Smooth Integration and Adaptation: One of the primary needs for orientation is
to facilitate the smooth integration of new employees into the company. A structured
orientation helps new hire adjust faster. It introduces them to their job roles,
responsibilities and the company’s mission, making them feel comfortable in their
new environment.
2. Understanding of Company Culture: Every organisation has a unique culture,
which includes its values, norms, work environment and expectations. An orientation
program is essential to help new hires understand and adapt to this culture.
3. Clarification of Roles and Expectations: One key aspect of orientation is clarifying
the expectations related to the role, performance standards and organisational goals.
New employees are introduced to their team members, supervisors and other
departments they will collaborate with.
4. Fostering Engagement and Retention: An effective orientation program fosters
early engagement by creating a positive experience for new employees. This positive
first impression can impact employee retention. Employees who feel welcomed and
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Human Resource Management II Sem B.Com (SEP)
informed are more likely to stay with the organisation, as they feel valued and
connected.
5. Compliance with Legal and Organisational Policies: Orientation also serves as an
opportunity to educate employees about the legal and ethical aspects of the
workplace. This includes safety regulations, company policies and compliance with
industry standards.
6. Building Relationships: Orientation plays a significant role in helping new
employees build relationships with their coworkers and supervisors. A well-
structured program encourages networking, collaboration and teamwork from the
very beginning.
Induction: Induction is the process of introducing new employees to the organisation, its
culture and their specific roles. It goes beyond the basic orientation of welcoming employees;
induction is an ongoing, comprehensive process designed to help employees adjust to their
new work environment. The aim of induction is to provide new employees with all the
necessary information to start their jobs confidently, promote their engagement and ensure
they understand organisational values, expectations and policies.
Needs for Induction
1. Facilitates Smooth Integration: Induction helps new employees adapt tot heir roles
and the organisation more efficiently.
2. Enhances Job Satisfaction
3. Reduces Turnover
4. Promotes Organisational Culture
5. Compliance with Policies and Procedures
6. Improved Productivity and Efficiency
Training: Training is a systematic process aimed at enhancing the skills, knowledge and
competencies of employees to improve their performance and productivity in their current
roles. It involves structured programs, workshops or learning experiences designed to teach
specific job-related tasks, technical abilities or soft skills.
Characteristics of Training
1. Structured Approach: Training programs are typically organized and structured with
clear objectives, content and timeliness. They follow a systematic process to ensure that
learning outcomes are achieved efficiently.
2. Goal Oriented: Training programs are designed to achieved specific learning
objectives related to improving job performance, acquiring new skills or enhancing
knowledge in a particular area.
3. Practical and Hands-On: Training often involves practical, hands-on learning
experiences that allow participants to apply new knowledge and skills in real world
situations. This experiential learning approach enhances retention and skill transfer.
4. Targeted Audience: Training programs are tailored to meet the needs of a specific
audience, such as employees in a particular department, role or skill level. They are
designed to address the unique learning needs and objectives of the target audience.
5. Implementing the Training Program: The implementation phase is where the training
is conducted. The trainer leads the sessions, ensuring that the content is delivered
effectively and participants are engaged.
6. Evaluation of Training: After the training program is completed, its important to
evaluate its effectiveness. Evaluation helps to determine if the training objectives have
been achieved and whether the program has had a positive impact on employee
performance.
7. Continuous Improvement: Based on the evaluation results, the final step is to
implement continuous improvement. Feedback from trainees, trainers and managers
should be used to refine and enhance future training program. This may involve
updating content, adopting new training methods or revising training structure to meet
the evolving needs of the organisation and employees.
Career and Succession Planning
Career Stages: Career development is a lifelong process that evolves as individuals progress
through different phases of their professional lives. These phases are often referred as career
stages and each stage is marked by distinct challenges, goals and opportunities.
1. Exploration Stage (Early Career): The exploration stage generally occurs in the early
years of an individual’s career. It begins after formal education and typically spans from
the age 20 to 30. They might experiment with different roles, companies or industries
to understand where they fit best.
Key characteristics
• Learning and Development: Individuals are typically in the phase of gaining
skills and knowledge relevant to their field. They take on entry-level positions or
internships to gain practical experience.
• Trail and Error: Early-career professionals often try various roles to understand
what suits their abilities and interests.
• Career Uncertainty: Its common for individuals to feel uncertain about their
long-term career direction during this stage.
2. Establishment Stage (Mid-Career): The establishment stage typically spans from ages
30 to 45. By this stage, individuals have gained a certain level of expertise and
experience. They are focused on proving themselves within their chosen profession and
making a significant contribution to their organisations.
Key Characteristics
• Increased Responsibility: Individuals in this stage usually take on more
responsibility and may be promoted to managerial or leadership positions.
• Skill Mastery: This is the stage where professionals solidify their technical and
leadership skills.
• Career Building: Professionals focus on advancing their careers and may start
considering long-term career goals, like achieving a senior position and becoming
an industry expert.
3. Mid-Career Stage (Career Peak): Typically occurring between the ages of 45 and 55,
the mid-career stage is often characterized by stability and the attainment of career
milestones. Individuals at this stage are likely to hold leadership positions, make
strategic decisions and contribute to the direction of the organisation.
Key Characteristics
• Leadership and Influence: Professionals in this stage are likely to be in
positions where they influence the organisation’s direction, whether as
executives, directors or department heads.
• Mastery of Skills: They have gained deep knowledge and master over their
domain making them highly valuable to the organisation.
• Mentorship Role: Professionals often take on mentoring roles, helping develop
the next generation of talent.
4. Late Career Stage (Pre-Retirement): The late career stage typically occurs in the
years leading up to retirement, usually after the age of 55. Their focus shifts from career
advancement to career maintenance, as they plan for retirement, transition into new
roles, or consider how they wish to spend their remaining working years.
Key Characteristics
• Mentoring and Legacy Building: Many professionals at this stage take on
advisory roles or focus on mentoring younger employees. There is often a desire
to leave a lasting impact.
• Reduced Workload: Some individuals reduce their work hours or shift into les
demanding roles as they near retirement.
• Retirement Planning: This is the time when individuals begin to plan for their
retirement, both financially and emotionally.
5. Retirement Stage: The retirement stage marks the end of an individual’s professional
career. People in this stage may leave the workplace entirely, start a new career or shift
into part-time or consulting roles. It is the time for reflection on a career’s journey and
finding purpose beyond the workplace.
Key Characteristics
• Transition to Non-Work Life: This stage involves transitioning to a lifestyle
where work is no longer a central focus.
• Financial Planning: Many individuals rely on pensions, savings or investments
to support themselves during retirement.
• Personal Fulfilment: Retires often seek personal fulfilment through hobbies,
volunteering or spending time with family.
are likely to respond in kind by projecting positive images about their organisations.
Career development does help organisation in impressing image and goodwill.
2. Enhancing Cultural Diversity: Fast changing scenarios in globalization reflects a
varied combination of workforce representing different types of races, nationalities,
religious faiths, ages and values in the workplaces. Effective career development
programmes provide access to all levels of employees.
3. Reduced Employee Frustration: Along with educational level and knowledge, the
aspirational level of occupations is also increasing. When these levels are not met due
to economic stagnation frustration sets in. Career counselling comes a long way in
reducing frustration.
4. Attracting and Retaining Talents: There is always a scarcity of talented people and
there is a competition to secure their service. Talented people always prefer to work in
organisations which care for their future concern and exhibit greater loyalty and
commitment to organisations where there is career advancement. As career development
is an important aspect of work life as well as personal life, people prefer to join firms
which offer challenges, responsibility and opportunities for advancement.
5. Making Available Needed Talent: Career development is a natural extension of
strategic and employee training. Identifying staff requirements over the intermediate
and long-term is necessary when a firm sets long-term goals and objectives. Career
development will help organisations in putting the right people in the right job.
Scope of Career Development
1. Enhancing the Career Satisfaction: Organisations design career development systems
for enhancing the career satisfaction of their employees.
2. Creating a Pool of Talented Employees: Creating a pool of talented employees is the
main objective of organisations. They need to meet their staffing needs in present and
future and a career development system helps them fulfil their requirements.
3. Feedback: Giving feedback on every step is also required within an organisation to
measure the success rate of a specific policy implemented and initiatives taken by the
organisation.
4. Fostering Better Communication in Organisation: The main objective of designing
a career development system is to foster better communication within the organisation
as a whole. It promotes communication at all levels of organizations. Proper
communication is the lifeblood of any organization and helps in solving several big
issues.
5. Setting Realistic Goals: Setting realistic goals and expectations is another main
objective of a career development system. It helps both employees and organisation to
understand what is feasible for them and how they can achieve their goals.
6. Better use of Employee Skills: A career development system helps organisation in
making better use of employee skills. Since managers know their skills and
competencies they are put them at a job where they will be able to produce maximum
output.
7. Assisting with Career Decisions: A career development system provides employees as
well as managers with helpful assistance with career decisions. They get an opportunity
to assess their skills and competencies and know their goals and future aspirations.
Career Management: Career Management refers to the structured process through which
individuals plan, develop and manage their professional growth over time. It involves
identifying career goals, assessing current skills and competencies and creating strategies to
achieve long-term aspirations.
Importance of Career Management
1. Enhances Career Clarity and Focus: Career management helps individuals gain
clarity about their career aspirations and set specific goals. By evaluating their skills,
interests and values, employees can focus on career paths that align with their long-term
ambitions.
2. Boosts Skill Development: An effective career management process encourages
continuous learning and skill enhancement, It motivates employees to develop both
technical and soft skills, making them more adaptable to changing work environments.
3. Improves Job Satisfaction: When employees have a clear career plan and feel
supported in their development, they are more likely to experience job satisfaction.
4. Facilitates Career Advancement: Career management provides individuals with the
tools and strategies needed for upward mobility. By setting realistic goals, identifying
opportunities for growth and seeking feedback, employees can advance in their career
more effectively.
5. Enhances Employee Retention: For organisations, career management is crucial for
retaining employees. When employees feel that their career development is valued, they
are less likely to seek external opportunities. This reduces turnover costs and helps
maintain a stable, experienced workplace.
6. Promotes Work-Life Balance: Career management encourages individuals to
prioritize personal well-being along with professional goals. It helps employees to set
boundaries, manage stress and achieve a healthy work-life balance. A balanced lifestyle
leads to sustained productivity and long-term success.
7. Increases Organisational Productivity: Organizations benefit from career
management through improved employee performance. A motivated and well-trained
workforce contributes to higher productivity, innovation and better overall results.
8. Builds Future Leaders: Career management identifies and develops future leaders.
Through mentoring, coaching and leadership development programs, organisations can
groom high-potential employees for senior roles. This ensures a strong leadership
pipeline for the future.
Process of Career Management
1. Self-Assessment: The first step in career management is self-assessment, where
individuals evaluate their interests, values, skills and personality traits. This helps them
to understand what motivates them, their strengths and the areas they need to improve.
2. Career Exploration: After self-assessment, individuals explore various career options
that match their skills, interests and values.
3. Goal Setting: Once the individuals have a clear understanding of their potential career
options, they set specific, measurable, achievable, relevant and time-bound career goals.
4. Skill Development: Career advancement requires continuous skill enhancement. Based
on their career goals, individuals identify the skills they need to acquire or improve.
5. Career Strategy Formulation: In this step, individuals create a strategic plan for
achieving their career goals. This includes identifying action steps, setting deadlines and
determining the resources required.
6. Implementation: The next step is to put the career strategy into action. This involves
actively seeking opportunities, applying for relevant roles, attending training programs
and building professional networks.
7. Feedback and Evaluation: Career management is an ongoing process that requires
regular feedback and evaluation. Individuals should periodically review their progress
and make adjustments as needed.
8. Career Progression and Re-assessment: Career management is not a one-time activity
but a lifelong process. With changing personal aspirations and market dynamics,
individuals must continuously reassess their career plans and adapt accordingly.
Succession Planning: Succession planning is a process for identifying and developing new
leaders who can replace old leaders when they leave, retire or die. Succession planning is a
strategy for passing on leadership roles often the ownership of a company to an employee or
group of employees.
Types of Succession Planning Programs
1. High-potential Program: This program identifies employees who have the potential to
fill key leadership positions in the future and provides them with targeted development
opportunities to prepare them for these roles.
2. Talent Review Program: This program involves assessing the current talent within the
organisation to identify potential successors for key leadership positions. The program
focuses on evaluating the skills, experience and potential of current employees to
determine who is ready to take on leadership roles in the future.
3. Career Development Program: This program helps employees identify and develop
the skills and experiences they need to advance their careers within the organisation. It
prepares the for future leadership roles.
4. Executive Coaching Program: This program provides one-on-one coaching and
mentoring to potential successors to help them to develop the skills and experience they
need to take on leadership roles in the future.
5. Succession Planning Task Force: This program involves creating a task force that is
responsible for overseeing the organisation’s succession planning efforts. The task force
is typically composed of senior leaders and HR professionals who work together to
identify potential successors and develop them through training and development
opportunities.
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